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- W147464841 abstract "The self-interest of the electric utility industry is best pursued by encouraging conservation programs designed to reduce the rate of growth in electricity demand. A reduction in growth not only tends to lower rates for the consumer, but also improves the financial health of the industry. The arguments expressed in this article are based on the results of simulation experiments performed with a computer model of the United States electric utility industry. The model is described in an October 20, 1975, article in Electric Light and Power (EAPA 2:171). The assumptions and behavior of the model have been carefully documented in reports prepared by this author (EAPA 2:1047). These reports assert that the model is a useful tool for simulating the impact of conservation programs on the electric industry. The two main effects of conservation programs represented in the model are the adverse effect of ''lower sales'' and the beneficial effect of ''fewer power plants.'' The simulation analysis presented in this article shows that the long-term beneficial effect of ''fewer power plants'' outweighs the adverse effect of ''lower sales.'' Inclusion of additional beneficial effects of slower growth in demand--less stringent environmental standards and reduced difficulty in planning--would, therefore, only reinforcemore » the conclusion that conservation programs can reduce the future price of electricity. (MCW)« less" @default.
- W147464841 created "2016-06-24" @default.
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- W147464841 date "1976-07-01" @default.
- W147464841 modified "2023-09-23" @default.
- W147464841 title "Is growth really necessary. [ELECTRIC models]" @default.
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